Deutsche Telekom to Take Elektrim
To Court Over Right of First Refusal

By

Elizabeth Williamson Staff Reporter of The Wall Street Journal

Updated Oct. 11, 1999 12:01 a.m. ET

WARSAW -- In a setback to Elektrim SA's telecommunications plans, Deutsche Telekom AG confirmed it will take the Polish telecommunications and engineering conglomerate to an international arbitration court over its right to acquire shares in Elektrim's mobile-telephone operator.

Deutsche Telekom, of Germany, owns 22.5% of Polska Telefonia Cyfrowa, or PTC, as does U.S.-based MediaOne Group Inc. Elektrim recently bought 15.8% of the company, which operates under the trade name Era GSM, from smaller shareholders, increasing...